World Hope International, Inc.
625 Slaters Lane Suite 200 Alexandria, VA 22314 http://www.worldhope.org
Mission and Programs
Mission
World Hope International is a faith based relief and development organization alleviating suffering and injustice through education, enterprise and community health.
Programs
World Hope International's micro-enterprise program is active in Sierra Leone, Liberia, Cambodia and Indonesia. The program teaches participants new skills, provides small-business loans and helps participants launch small businesses.
Program / Activities (NTEE Code)
International Agricultural Development
International Economic Development
International Relief
Results
Accomplishments for Fiscal Year Ending 12/31/2008
Increased the microfinance program in Sierra Leone and Liberia to 31,132 clients.
Sustainable food security, water and economic development initiatives in Sierra Leone, Liberia, Mozambique, South Africa and Zambia.
Objectives for Fiscal Year Beginning 01/01/2009
Expand our Community Orphan Trust programs into Malawi and Mozambique
Plans to expand the micorfinance program to Egypt in 2009.
Grow anti-trafficking programs around the world helping victims recover and receive aid.
Financial Data From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending December 31, 2007
Revenue
Expenses
Contributions
$8,564,205
Government Grants
$2,001,878
Program Services
$772,594
Investments
$109,672
Special Events
$0
Sales
$0
Other
$39,237
Program Services
$10,070,928
Administration
$880,891
Other
$510,853
Total Expenditures
$11,462,672
Total Revenue
$11,487,586
NET GAIN/LOSS
$24,914
Balance
Sheet: Fiscal Year Ending December 31, 2007
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
Assets
Jan 1, 2007
Dec 31, 2007
Change
Cash
& Equivalent
$3,817,805
$3,106,044
$(711,761)
Accounts
Receivable
$984,251
$1,339,580
$355,329
Pledges
& Grants Receivable
$0
$0
$0
Receivables/Other
$0
$145,115
$145,115
Inventories
for Sale or Use
$0
$0
$0
Investments/Securities
$0
$0
$0
Investments/Other
$235,102
$297,828
$62,726
Fixed
Assets
$341,101
$514,204
$173,103
Other
$157,932
$274,552
$116,620
Total
Assets
$5,536,191
$5,677,323
$141,132
Liabilities
Jan 1, 2007
Dec 31, 2007
Change
Accounts
Payable
$584,488
$583,849
$(639)
Grants
Payable
$0
$0
$0
Deferred
Revenue
$0
$0
$0
Loans
and Notes
$0
$0
$0
Tax-Exempt
Bond Liabilities
$0
$0
$0
Other
$0
$116,954
$116,954
Total
Liabilities
$584,488
$700,803
$116,315
FUND BALANCE
$4,951,703
$4,976,520
$24,817
Basic Information
This organization is required to file an IRS Form 990 or 990-EZ.
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses, special projects and building improvements.
Locations Served:
Africa, Asia, Europe, Latin America
Board of Directors
Kevin Batman
Dr. David Blanchard
Dr. Donald Bray
Steve Brown
Dr. Dan Chamberlain
Mike Chambers
Robert Clyde
Dr. Clint Curle
Norwood Davis
Dr. Evvy Hay Campbell
Dr. Jo Anne Lyon
John Lyon
Dr. Jerry Pence
Dr. Thomas Phillippe
Jeri Sape
Bobbie Strand
Dr. H.C. Wilson
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